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As I get older, I get balder. I bought an electric hairclipper so that I can keep my hair short and neat; I don't like the comb-overs, dyed hair, pony tails and beards that men tend to use to compensate for and disguise balding and ageing - I find it weak and pathetic. But I digress. This morning, I grabbed the trusty electric clipper and applied it to my pugugly head. I didn't realize that the guide was of, so instead of a length setting of "4", it was "0"! I shaved a neat slice of bald right up the side of my head! Now if you think I'm an ugly swine with short hair, you should see me with none! When I finished laughing, I applied the logical interim solution: I set the shaver to "3" to reduce the contrast from "No Hair" to "Very Short Hair". Compared to the rest of my head, this slice of skin doesn't seem quite as bad. |
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Decide and Commit in any Joint Venture |
It’s amazing what happens when you fully commit to something. Whatever that action is that shows there’s no turning back: booking the flight, resigning from a job, paying a bill, writing that letter, making a call or agreeing on a date.
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By Their Fruit They Will Be Known |
Have you ever seen an apricot on an apple tree? Or a banana hanging from an orange tree? I can sit in my garage all day long, drink gasoline and make car noises, but that doesn’t make me a car. If it meows, it’s probably not an eagle. Most entrepreneurs are so focused on sales, profits, cash flow and time, that they don’t take the time to evaluate options and people objectively. The fact is, appearances are only appearances: smoke and mirrors. And the reason why we should be aware of who people really are, is that we must carefully choose who we spend our time with.
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Watch the Apprentice and you’ll see Donald Trump doing it with a number of other partners. British Telecom and AT&T did it in 1998. Now Yahoo and EBay and also Dell and Google. Ford and Mazda did it. So did Toyota and General Motors, Sony and Ericsson, Texaco and Royal Dutch Shell… Verizon Wireless, with 51.3 million customers, is a joint venture of Verizon Communications and Vodafone Group, with 55 and 45 percent ownership respectively. I could go on all day, but the fact is we see Joint Ventures all the time with large business. It’s been going on for centuries. Why? Because it makes a lot of sense. It makes EVEN MORE sense when small businesses do it, especially when they do it with no money and no risk!
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I was raised in South Africa, so I am familiar with grapes and vineyards. In Kelowna, British Columbia, Rika and I learnt more about the making of Ice Wine. And this article has nothing at all to do with grapes, except for the difference between picking one grape at a time and picking bunches of grapes. It takes about the same amount of time and effort to get one customer as it does to get a thousand.
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How to Approach Someone for a Joint Venture |
Before approaching anyone to do a Joint Venture, you should have done your due diligence and established the integrity of that person. That’s why we encourage our Members of the DollarMakers Joint Venture Forum to work only with other Members, who have agreed to abide by our Code of Ethics, instead of strangers. That is also the reason why it is in our Members’ best interests to grow the Membership in order to expand their JV partner options. Doing your due diligence might mean a Google, a credit check, a Better Business Bureau check and even a police check, as well as talking with their competition, suppliers, vendors, landlords, customers, neighbors and staff.
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